Question

which two statements about entrepreneurs are true? (choose 2 )
a entrepreneurs have job security
b entrepreneurs have freedom and flexibility
c entrepreneurs do not have financial risk
d entrepreneurs risk bankruptcy

Explanation:

• Option A is false: Entrepreneurs run their own ventures, which have inherent uncertainty, so they lack traditional job security.
• Option B is true: Entrepreneurs set their own schedules and make operational decisions, giving them freedom and flexibility.
• Option C is false: Entrepreneurs invest personal or borrowed funds, so they face significant financial risk.
• Option D is true: If their business fails and cannot cover debts, entrepreneurs risk personal or business bankruptcy.

Answer:

B. Entrepreneurs have freedom and flexibility
D. Entrepreneurs risk bankruptcy